The Real Deal New York

Blumenfeld Development Group makes another pitch for Nassau Hub project

August 13, 2018 02:56PM

Syosset-based Blumenfeld Development Group is again pushing to win the right to develop the Nassau Hub Innovation District project after an initial rejection, Long Island Business News reported. They had initially pitched a $1 billion, 1.7 million-square-foot mixed-use development with housing, entertainment and office space, but county officials rejected it in May. The officials then called for more proposals for the land and have extended the deadline for those twice (it’s now Aug. 17). Nassau officials at the time said they were looking for companies to “complement” a Memorial Sloan Kettering center due to open in the area in 2019. Blumenfeld reps said the firm was recently approached by “nationally respected biomedical research entity” that wants to occupy 100,000 square feet of its development. [LIBN]